Indian Oil Corp. Ltd.
Panjang

IOC on a breakout

200
IOC looking good for a short term
Consolidating for Long.
Volumes are also picking up.
Very Strong on Weekly Charts, Just a small concern is RSI is in overbought Zone and seem like it can retest also, there is a small resistance at 179 also.



Note: I am not a Financial Advisor. Your money, your profit/loss. :-):-)
Just posted the idea as it seems good and people can analysis of it's own before taking any trade.
Happy Investing 🙂🙂

Penafian

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